Bhatia Communications & Retail (India) Balance Sheet Health
Financial Health criteria checks 5/6
Bhatia Communications & Retail (India) has a total shareholder equity of ₹606.2M and total debt of ₹247.0M, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are ₹1.1B and ₹478.9M respectively. Bhatia Communications & Retail (India)'s EBIT is ₹175.2M making its interest coverage ratio -25.3. It has cash and short-term investments of ₹113.7M.
Key information
40.8%
Debt to equity ratio
₹247.04m
Debt
Interest coverage ratio | -25.3x |
Cash | ₹113.74m |
Equity | ₹606.18m |
Total liabilities | ₹478.90m |
Total assets | ₹1.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540956's short term assets (₹779.8M) exceed its short term liabilities (₹348.1M).
Long Term Liabilities: 540956's short term assets (₹779.8M) exceed its long term liabilities (₹130.8M).
Debt to Equity History and Analysis
Debt Level: 540956's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: 540956's debt to equity ratio has increased from 17.2% to 40.8% over the past 5 years.
Debt Coverage: 540956's debt is well covered by operating cash flow (53.1%).
Interest Coverage: 540956 earns more interest than it pays, so coverage of interest payments is not a concern.